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20121202
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Search Results 0 to 3 of about 4 (some duplicates have been removed)
doesn't save the government a penny, it takes that and spends it on other people. what -- it's really important that people look. the government is twice the size it was 11 years ago, we have seen the president demand that we're going to solve 7% of this problem but he's totally inflexible on the other 93%. it doesn't matter what happens at the end of this year, because ultimately, the numbers and the bond holders throughout the world will determine what we'll spend and what we won't. we can play the political game that is being played out in washington right now. or we could actually be absolutely honest with the american people, social security bankrupt in two years, social security trust fund will be bankrupt in five years, social security total will be bankrupt in probably 16, 17 years. those are worst-case scenarios by the trustees of both those organizations. we can play those games. but the fact is, we're spending money that we don't have on things that we don't absolutely need and there's no grown-ups in washington that will say time-out, stop the politics, let's have a compro
was, a detailed set of reforms in health programs, government programs over ten years, which are going to be tough, but we think they make sense. they don't like all those changes, they might want to go beyond that. but they have to tell us what those things are. you're right on the revenue side. we're proposing to let the rates go back to clinton levels. that would be a good thing to do as a sensible economic policy, and we want to combine that with tax reforms that will limit deductions. there's no surprise in this. we have been proposing this for a very long time. the president campaigned on it and i think that's where we're going to end up. and i think that's there going to be very broad support from the business community and from the american people for an agreement with roughly that shape. >> when you talked about limiting the deductions there have been proposals from governor romney during the presidential campaign, and from other republicans, when you talk about those limitations on deductions, do you include the charitable deduction and the home mortgage deduction? >> i think
Search Results 0 to 3 of about 4 (some duplicates have been removed)